Today we will analyze the stock CORNING INC (GLW.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in CORNING INC (GLW.SW)
1- Last bullish trend was from 24.00 $ (11/23/2007) to 28.70 $ (12/11/2007) a 4.70 $ move 2- The current bearish trend started from 28.70 $ at 12/11/2007 and is currently trading at 27.55 $.
3- GLW.SW current support level is at 26.90 which is the 38.20 % fibonacci retracement of the last 4.70 $ move.
4- GLW.SW current resistance level is at 27.59 which is the 23.60 % fibonacci retracement of the last 4.70 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CORNING INC (GLW.SW) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 24.000 .
CORNING INC (GLW.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 24.000 .
8- The Stock formed a 7.150 $ height triangle which was broken up at 25.900 in higher than usual volume, target of the pattern is 33.050.
CORNING INC (GLW.SW) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 24.000 .
10- The Stock formed a 7.150 $ height triangle which was broken up at 25.900 in higher than usual volume, target of the pattern is 33.050.

Stock Trading Conclusion:
CORNING INC (GLW.SW) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 27.59, 27.82, 27.99, 28.13, 28.26, 28.70, 33.05,.
Stock Support levels : 26.90, 26.35, 25.80, 24.00, 23.97, 23.92, 22.72, 21.80,.